Audit 359686

Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. There are no awards passed through to subrecipients. Pass-through identifying numbers were not available. De Minimis Rate Used: N Rate Explanation: Five Rivers Health Center and Affiliate has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Five Rivers Health Centers and Affiliate under programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Five Rivers Health Centers and Affiliate, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Five Rivers Health Centers and Affiliate.